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Price analysis 5/28: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
28.5.2021
Each breakout from Bitcoin and altcoins is being met by selling near the 20-day moving average, a signal that the market could be in for more downside
Wisdomtree Files Ethereum ETF Application
28.5.2021
In an important development, WisdomTree has filed an application for the Ethereum exchange-traded fund (ETF) before the Securities and Exchange Commission (SEC). This was revealed by the documents with the SEC, although there is no confirmation from the filing agency. WisdomTree has already filed...
Bitcoin and Ethereum Dive Again, Altcoins Turn Red
28.5.2021
Bitcoin price started another decline after a couple of failed attempts near USD 40,000. BTC broke the USD 37,000 and USD 36,500 support levels. It is currently (12:20 PM UTC) down over 7%.
Similarly, most major altcoins are gaining bearish momentum. ETH is down around 10% and it broke the key...
Wisdom Tree files Ether ETF application with SEC
28.5.2021
ETF shares would be listed on the Chicago Board Options Exchange’s BZX Exchange
Bitcoin and Ethereum Move Below Key Hurdles, HNT Rallies
28.5.2021
Bitcoin price failed on a couple of occasions to settle above the USD 40,000 resistance. BTC started a downside correction and it traded below USD 38,000 (05:00 UTC).
Similarly, most major altcoins are stuck in a range and are showing signs of weakness. ETH is facing an uphill task near the...
NBA Legend Paul Pierce and Poker Hall of Famer Phil Ivey to Join Joe Lubin of Consensys for a Virtue Poker Charity Tournament
28.5.2021
Virtue Poker revealed plans to organize a high-stakes 12-player celebrity poker tournament on its platform, live-streamed on Twitch, with the winner donating the event’s proceeds to their preferred charitable organization. Celebrity Charity Tournament Features NFTs & Giveaways Virtue...
$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
27.5.2021
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional)...
Monthly $1.9B Ethereum futures and options expiry will determine if ETH hits $3K soon
27.5.2021
Ethereum bulls may have flipped $2,400 back to support, but Friday’s ETH options and futures expiry will determine if traders press the pedal for $3,000
Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
27.5.2021
Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions?
Ethereum Stages Recovery After Drastic Freefall
27.5.2021
During the week ended May 6, Ethereum rallied 34.5%. Trading at $2,976 with a 1.8% profit in the daily chart, the cryptocurrency was poised to break the $3,000 mark. At these levels, there are major walls of resistance and expert trader by the pseudonym Edward Morra said the following week would...
Bitcoin and Ethereum Target Fresh Weekly Highs, Altcoins Turn Attractive
27.5.2021
Bitcoin price remained well supported above the USD 37,000 level. BTC started a fresh increase and it surpassed the USD 38,500 level. It is currently (12:20 PM UTC) showing positive signs and it might surge above USD 40,000 and USD 40,500.
Similarly, most major altcoins are trying to gain bullish...
Ethereum Classic (ETC): Can It Compete With Ethereum (ETH)
27.5.2021
Ethereum Classic is the original sect that follows the same regulations and protocols as established in 2015. While Ethereum has made substantial gains, the ETC has been a lackluster growth in dollar gains compared to its split currency Ethereum. ETC maintains the original history of the Ethereum...
Ethereum's EIP-1559 'Doesn't Deliver' As It's 'Not Meant to Reduce Fees'
27.5.2021
Ethereum Improvement Proposal (EIP) 1559 is one that keeps on giving - discussions, that is. What it does not do is "deliver," argued Founder and CEO of popular Ethereum (ETH)-focused wallet manager MyCrypto, but receiving numerous counterarguments along the way.
The contested...
South Africa Reserve Bank Commences Retail CBDC Feasibility Study
27.5.2021
The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency (CBDC). The study, which the SARB expects to conclude in 2022, will focus on the issuance of a domestic CBDC that can be used by consumers in South Africa...
Bitcoin and Ethereum Fail Near Major Hurdles, ENJ Rallies
27.5.2021
Bitcoin price made an attempt to surpass the USD 40,000 resistance. BTC even traded close to USD 41,000, but it failed to stay in the positive zone. It started a downside correction and it is currently (04:25 UTC) trading well below USD 38,000.
Similarly, most major altcoins trimmed gains....
Billionaire Carl Icahn says he may drop up to $1.5B into crypto
27.5.2021
Billionaire Carl Icahn may invest up to $1.5 billion into crypto while noting that “much of the cryptocurrency issued today will not survive.”
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
27.5.2021
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace of the protocol’s multi-chain approach to Ethereum. Investment Accompanies Release of the Polygon SDK As major names line up behind Ethereum, notably...
Altcoins soar while Bitcoin and Ethereum price stall near key levels
26.5.2021
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
26.5.2021
Dip-buyers catalyzed a strong relief rally in Bitcoin and altcoins but decreasing volumes and overhead resistance suggest the market is losing momentum
Polygon debuts SDK for building Ethereum-compatible chains
26.5.2021
Polygon developers are set to launch tools to enable the creation of Ethereum-compatible standalone chains and layer-two protocols